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Khalid, The papertrade amount did remain the same. Therefore, for the first 10 weeks the amount should've been increased as the bankroll increased. You suggestion of "X ticks" concerning stops is not specific. I'd love to hear your specific suggestion. If you would be so kind as to share y...

Khalid, I am papertrading Pitboss's system as is outlined in this thread, so you should be addressing your concerns to him. As I understand it, he used years of data to come up with his entry/exit/stop loss/take profit system. I am merely giving the results of my papertrading that system. If you hav...

khalid, The method already uses Stop Losses and Take Profit numbers. From pitboss's post July 14th: "Have since refined with a stop loss and take profit. The stop loss is 1.65 standard deviations which represents 90% of probable senerio outcomes. The take profit is 1.96 standard deviations whic...

The last two weeks the system has really taken it on the chin - as the four major pairs have all been in extremely strong trends. Over that period the system went 5-18 (21.7%) losing $10,390 dollars based on 10 units each trade. That brings the 13 week total to a record of 81-72 (53.8%) with a profi...

Here's an update; I've now been paper trading the system 10 weeks. Using 10 units of the four major pairs has resulted in a 74-50 record (59.7%), netting $8406 before commissions. Not using the filtering portion nor the SL-TP as outlined by pitboss, has yielded a 119-80 record (59.8%) or $18,850 bef...

Hi Pitboss, Thanks for the additional information. I have a question about how you calculate your Stop Loss and Take Profit. Is your standard deviation based on Average True Range? If so, over what time period? I'm getting ready to go "live" trading the system with a smaller amount of unit...

Hi all, I've been paper trading Pitboss's system as outlined in this thread now for seven weeks. I've been "trading" 10 lots of each of the four pairs (USD/JPY, GBP/USD, EUR/USD, USD/CHF) when they meet the criteria of the system. For the seven week period ending last week the system went ...

Here are the results of the first week of my paper trading pitboss's system. Obviously a very impressive week, but his longterm stats show this is not the norm: Entry Date $Profit/Loss (Win Loss) Sun 5-18 $2,685.00 ( 4 0) Mon 5-19 $5,402.00 (4 0) Tues 5-20 ($5,319.00) (0 4) Wed 5-21 $1,120.00 (3 1) ...

Here are the results of the first week of my paper trading pitboss's system. Obviously a very impressive week, but his longterm stats show this is not the norm: Entry Date $Profit/Loss (Win Loss) Sun 5-18 $2,685.00 ( 4 0) Mon 5-19 $5,402.00 (4 0) Tues 5-20 ($5,319.00) (0 4) Wed 5-21 $1,120.00 (3 1) ...

My updated results: Sun 5-18 $2,685.00 Mon 5-19 $5,402.00 Tues 5-20 ($5,319.00) Wed 5-21 $1,120.00 Thurs 5-22 $0.00 Fri 5-23 $0.00 Week Total $3,888.00 Above represents 10 units for each of the following: USD/JPY, GBP/USD, EUR/USD, USD/CHF